Banking
Islamic banking, guided by Shariah principles, prioritizes fairness, transparency, and social justice in financial transactions.
Islamic banking, guided by Shariah principles, prioritizes fairness, transparency, and social justice in financial transactions.
It eliminates interest (riba) on loans, opting for profit-sharing or markup-based financing, ensuring borrowers and banks share business venture outcomes.
This system avoids unethical investments like gambling and promotes socially responsible projects.
Islamic banking aligns finance with Islamic values, gaining popularity worldwide, especially in Muslim-majority nations.
Islamic Banking of Afghan United Bank encourages both corporate clients and individual customers. Our shari’ah-compliant products and services help individuals generate permissible halal income and gain good profit.
Individual Qard Current Account
The AUB Qard Current Account is a profit and loss-free account specifically designed to meet individual banking needs. AUB Islamic Banking Window safeguards your money and provides access anytime, anywhere.
Corporate Qard Current Account
The AUB Corporate Qard Current Account is a profit and loss-free account designed for corporate banking needs. Account holders can access funds anytime while adhering to Islamic finance principles.
Barakat Account
Mudarabah saving account is a partnership contract between the Bank and the Client. The client provides funds and the bank invests according to Shariah principles. Earned profit is distributed per pre-agreed ratio. The Barakat Account allows investment for a fixed period with profit credited to the designated account at maturity. Suitable for customers who do not require immediate access to funds and want higher returns than a regular savings account.
Mudarabah Saving Account
Mudarabah saving account is a partnership contract between the Bank and the Client. The client provides funds and the bank invests according to Shariah principles. Earned profit is distributed per pre-agreed ratio. Suitable for customers who want easy access to funds while earning profit according to Islamic banking rules.
Special Mudarabah Child Saver Account
Mudarabah saving account is a partnership contract between the Bank and the Client. The client provides funds and the bank invests according to Shariah principles. Earned profit is distributed per pre-agreed ratio. Designed to financially safeguard children and provide high profit rates based on Mudarabah.
Payroll Account
Payroll or Salary accounts for the employees of an organization are basically opened as per the request and contract of an employer with the bank, for the purpose of their employees’ salaries distribution through the bank, from the organization concerned account to the concerned employees’ salaries accounts. For opening of payroll accounts an organization shall request to the bank and sign the contract. Beside the contract the organization shall also signed the terms and conditions for payroll accounts and should provide a list of their employees. The Payroll Accounts are to be opened in nature of current account but the class of account is different as there are some differences in maintaining of salary account and current individual accounts, like the minimum balance and closing charges are not required in payroll accounts.